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11 July 2024 | 18 replies
I'll give you the same advice I tell my college student clients, house hack the cheapest 4-6 bedroom home you can find.
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12 July 2024 | 16 replies
Be very careful when calculating for a refi or sale- recent zoning changes have been confusing and ridiculously restrictive for student housing- some properties are $50k for a reason, run- it looks... bleak.
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12 July 2024 | 8 replies
Hello everyone, I was hoping to get some advice on ways to finance my first rental property. I have little credit built up, so I am wondering how I can get a loan from the bank or a third party lender. I have 50k in e...
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12 July 2024 | 12 replies
My fiancé and I are open to investing out of state and are actually in a trip in Texas to check out real estate see how we like the idea of staring a family here.Our Starting Point (Conservatively)- Located in Camarillo, CA- 120k portfolio in the stock market subject to short term capital gains with a potential tax bill of 15-20k- Current W2 monthly income after taxes: $7k- Side hustle 1 income: $200 month ($200 in profit)- Side hustle 2 income: $1400 revenue ($0 profit) - debt at 29k- Current debt: $47k (Auto: $29k Student Debt: $18k)*the auto loan doesn’t show on our credit for some reasonHow would move forward in our situation?
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14 July 2024 | 26 replies
I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate.
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14 July 2024 | 26 replies
The reason I changed my mind about John Jackson is, after years of being investor friends, he asked me to be his acquisition person, help train his students and to speak at his seminars.
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11 July 2024 | 17 replies
Often the "student" doesn't do his/her due diligence PRIOR to choosing a mentor / coach, resulting in a loss of money and little to show for it.
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12 July 2024 | 7 replies
Here are some key recommendations to consider:1.Focus on Emerging Neighborhoods:Look for emerging neighborhoods in Orange County where property prices are still reasonable but expected to appreciate.2.Niche Markets:Consider niche markets like student housing or senior living, which can offer stable rental income.3.BRRRR Strategy:Use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) to increase your property’s value and refinance to reinvest.4.Partnerships:Form partnerships with other investors to pool resources and share risks.
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11 July 2024 | 2 replies
So, if in the future your actions cause an HOA to take legal action you lender will likely be notified and call the note Due on Salewhen they find out about the title transfer.If you use the property for a rental, abide by the rental percentage allowed and don't let your tenant violate the CCRs, usually on parking and number of cars.I buy in HOAs using subject to and wraps and that is what I teach my students to do, allowing for the possibility of the lender being notified.
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11 July 2024 | 7 replies
Additionally, Memphis boasts a strong rental market driven by a large population of renters, including students, young professionals, and families.